๐ŸŒ The EU’s State of the Union


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Todayโ€™s newsletter supported by:

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Hi there Intriguer.ย Ever left a party without the host noticing? Thatโ€™s known as โ€˜leaving French-styleโ€™ in half of Europe, while the other half calls it โ€˜leaving English-styleโ€™. But it seems both halves can at least agree on one thing: sometimes you just gotta go.

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Todayโ€™s briefing is a 5 min read:

  • ๐Ÿ‡ช๐Ÿ‡บ The State of the (European) Union.

  • ๐Ÿ”— China proposes integration with Taiwan.

  • โž• Plus: An action-packed flag, how the worldโ€™s papers are covering an impeachment inquiry into US President Biden, and why Turks are googling โ€˜Reeder techโ€™.

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ยฟHablas espaรฑol? ยกCheck out our weekly edition in Spanish!

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โฑ๏ธ Around the world in sixty seconds

  1. ๐Ÿ‡ฏ๐Ÿ‡ตย Japan: Prime Minister Fumio Kishida shuffled his cabinet yesterday (Wednesday) for the second time since taking office in 2021. The changes include new foreign and defence ministers, reportedly with an eye on firming up Kishidaโ€™s factional support.

  2. ๐Ÿ‡ซ๐Ÿ‡ทย France: A French regulator has ordered Apple to take its iPhone 12 off the market and recall those already sold, citing high radiation levels. Apple says the phone complies with existing rules.

  3. ๐Ÿ‡น๐Ÿ‡ปย Tuvalu: โ€‹โ€‹Several island nation prime ministers are giving evidence before a Germany-based international court, in a case to determine if carbon emissions breach the law of the sea. Tuvaluโ€™s leader Kausea Natano says sea-level rises could make his country uninhabitable.

  4. ๐Ÿ‡ท๐Ÿ‡ผ Rwanda: Kigali has signed a deal with a German-Canadian start-up to build a small civilian nuclear reactor. Rwanda signed an agreement with Russia’s nuclear agency Rosatom in 2019 to set up a nuclear power plant by 2024.

  5. ๐Ÿ‡ฌ๐Ÿ‡นย Guatemala: President-elect Bernardo Arรฉvalo announced Tuesday (12 September) he was temporarily suspending the transition process following a raid on several electoral offices. He also called on the countryโ€™s attorney-general to resign.

๐Ÿ‡ช๐Ÿ‡บ EU | Politics

Von der Leyen lays out her legacy and vision

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You know summer is officially over when European officials are back at it: for European Commission President Ursula von der Leyen, it was time for her annual State of the European Union address yesterday (Wednesday).

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Didnโ€™t catch the (hour-long) speech? Here are some key points:

  1. ๐Ÿš— China – von der Leyen specifically took aim at China-made electric vehicles, whose โ€œprice is kept artificially lowโ€; she announced an anti-subsidy inquiry, to avoid the EUโ€™s carmakers meeting the same fate as the blocโ€™s beleaguered solar sector.

  2. ๐Ÿค— Enlargement – the president said the EU must โ€œcomplete our unionโ€ and bring in new states, but she didnโ€™t give a timeline. The current EU โ€˜candidatesโ€™ are Turkey, North Macedonia, Montenegro, Serbia, Albania, Moldova, Ukraine, and Bosnia & Herzegovina.

  3. ๐Ÿ‡บ๐Ÿ‡ฆ Ukraine – von der Leyen again promised to back Ukraine “for as long as it takes“, with the EU ramping up ammunition production and proposing โ‚ฌ50B towards longer-term investment and reform.

  4. ๐Ÿ–Š๏ธ Trade – the president also said the EU should aim to wrap up its long-running trade negotiations with Australia, Mexico and Mercosur by the end of the year. As things currently stand, that doesnโ€™t seem likely.

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Sometimes speeches are also intriguing for what they donโ€™t say: in this case, von der Leyen didnโ€™t share whether sheโ€™ll run for a second term next year.

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Intrigue’s take: This speech captured so many of the EUโ€™s dilemmas:

  • how to leverage AI without losing control

  • how to uphold standards without strangling productivity

  • how to expand the EU without undermining its integration, and

  • how to decarbonise the economy without an overreliance on China.

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Mostly, the EU isnโ€™t alone here. But its ability (or not) to find and nail each sweet spot really will shape its future (plus von der Leyenโ€™s legacy).

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Also worth noting:

  • The European Parliament gave von der Leyen a standing ovation after her address, which used English, French and her native German.

๐Ÿ“ฐ How newspapers coveredโ€ฆ

An impeachment inquiry into US President Joe Biden

Lagos, Nigeria

โ€œUS Speaker McCarthy calls for formal impeachment inquiry into Bidenโ€

Mexico City, Mexico

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โ€œIt’s โ€˜political extremismโ€™ to open investigation against Biden, White House saysโ€

Jerusalem

โ€œMcCarthy directs opening of Biden impeachment inquiry over sonโ€™s business activitiesโ€

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Todayโ€™s newsletter is supported by: The Daily Upside

Itโ€™s time to rethink your media diet

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If you love getting International Intrigue (which we’ll assume you do), you must value getting crisp insights and actionable intel without all the BS. The Daily Upside, founded by a team of bankers and journalists, is another great newsletter for globally-minded readers.

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Built with business professionals in mind, The Daily Upside is packed with heavy-hitting analysis and stories you simply wonโ€™t find elsewhere. Itโ€™s the perfect addition to your media diet, striking that elusive balance of gravitas and wit.

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๐Ÿ”— China-Taiwan | Geopolitics

China plays good cop

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China unveiled on Tuesday (12 September) a new plan to deepen ties between its coastal province of Fujian and nearby Taiwan.

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The 21-piece plan is designed to โ€œpromote the process of [Taiwanโ€™s] peaceful reunification with the motherland,โ€ and includes provisions for:

  • ๐ŸŽ“ Taiwanese students and workers to live, work, and receive social benefits in Fujian without applying for temporary residence

  • ๐Ÿ”€ Social and cultural exchanges between citizens, and

  • ๐Ÿšง Joint infrastructure projects between the Chinese city of Xiamen and Taiwanโ€™s Kinmen islands (just ~10km away).

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Meanwhile, Taiwanese authorities have reported dozens of Chinaโ€™s warships and fighter jets circling Taiwan this week.

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Intrigueโ€™s take: If this all seems like mixed messaging, thatโ€™s precisely the point. Itโ€™s designed to show the Taiwanese people which options they have: integration by peace, or integration by force.

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But Taiwanese citizens are increasingly saying they have a third option in mind: 49% say they want independence (with just 12% seeking unification).

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Also worth noting:

  • Polls show Taiwanโ€™s Vice President Lai Ching-te of the independence-leaning incumbent party leading ahead of Januaryโ€™s election.

  • Some Kinmen residents have proposed a bridge to the mainland as part of a broader effort to turn the islands into a demilitarised zone.

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โž• Extra Intrigue

Hereโ€™s what people around the world were googling yesterday, 13 September:

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๐Ÿ—ณ๏ธ Poll time!

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Do you think the EU should add more members?

Login or Subscribe to participate in polls.

๐Ÿ Flag of the day

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The Northern Mariana Islands really managed to pack a tonne into that flag. On a light blue background representing the Pacific Ocean, youโ€™ll find a wreath of local flowers around a white star, to symbolise its status as a US commonwealth. The latte stone pillar represents the local Chamorro people.

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Extra fun fact: The Northern Mariana Islands actually used the UN flag between 1947 and 1965, when the territoryโ€™s status was still uncertain.

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Intrigue rating: 9.1/10

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Yesterdayโ€™s poll: Which Big Tech firm do you think is the world’s most influential today?

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๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉ๐ŸŸฉย ๐Ÿ‡บ๐Ÿ‡ธ Google/Alphabet (50%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡จ๐Ÿ‡ณ Huawei (2%)

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๐ŸŸจโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡บ๐Ÿ‡ธ Apple (15%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡น๐Ÿ‡ผ TSMC (6%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡ฐ๐Ÿ‡ท Samsung (1%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡บ๐Ÿ‡ธ Microsoft (6%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡บ๐Ÿ‡ธ Nvidia (4%)

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๐ŸŸจโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡บ๐Ÿ‡ธ Amazon (13%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ ๐Ÿ‡จ๐Ÿ‡ณ Tencent (2%)

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โฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธโฌœ๏ธ โœ๏ธ Other (write in!) (1%)

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Your two cents:

  • ๐Ÿ‡บ๐Ÿ‡ธย N.K: โ€œYou go through Google to get to all the rest of these…โ€

  • ๐Ÿ‡น๐Ÿ‡ผย D : โ€œIf TSMC were to stop production suddenly, the resulting chip shortage would grind much of the worldโ€™s economy to a halt, and thereโ€™s really no one currently able to challenge or replace them.โ€

  • ๐Ÿ‡จ๐Ÿ‡ณย S.M: โ€œTencent’s share of the global entertainment industry cannot be underestimated.โ€